




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Avon at 4 Farmstead Lane #4, Avon, CT, 06001 offers $5,207/mo rent that, after a $3,549/mo payment. Total monthly income is $5,207/mo. Return on cash invested measures 18.51% in year one, and rental yield stands at 8.62% at a $725,000 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,304 by year five. Five-year ROI records 97.2% and total cumulative return in cash reaches $231,845. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,207/mo property income versus a $3,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$588 monthly HOA
Neighborhood data shown for ZIP Code: 06001, Avon, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,867 (100%) |
| Owner Occupied HU | 6,248 (79.4%) |
| Renter Occupied HU | 1,192 (15.2%) |
| Vacant Housing Units | 427 ( 5.4%) |
| Median Home Value | $541,074 |
| Average Home Value | $597,313 |
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Sold | $725,000 |
| 2025-05-19 | Pending sale | $675,000 |
| 2025-05-14 | Listed for sale | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Access Via Hatch
Listed by: Diane C. Barry • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090320
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.